Antigua & Barbuda
FSRC — Digital Asset Business Registration
Home Risk Management
Institutional-grade risk controls.
Risk management is embedded throughout every stage of the investment lifecycle, functioning as a primary driver of decision-making — not an afterthought.
- 1.3×
- Max leverage
- 10%
- Counterparty cap
- −1.5%
- Per-trade cut
- 2σ
- Auto-deleverage
- 72%
- 7-day liquidity
- 5%
- Min stablecoin buffer
01 Framework
Multi-layer defense system.
01
Three-line defense model
Independent risk committee, audit oversight and portfolio management with full segregation of duties and daily reporting.
- Portfolio management: responsible for alpha generation within pre-defined risk parameters
- Risk committee: independent of PM — reviews VaR, drawdown, concentration and liquidity daily
- Compliance & audit: external SOC 2 audit annually, FATF KYC/AML programme, regulatory filings
02
Dynamic exposure management
Position sizes calibrated to realized volatility. Auto-deleveraging at 2σ breakout; positions cut at −1.5% per trade.
- GARCH(1,1) model updates position-sizing targets every 15 minutes based on realized volatility
- Leverage reduced automatically when VaR exceeds 1.5% of NAV intraday
- Circuit breaker: all new positions halted if portfolio drawdown exceeds 2% in a session
03
Liquidity-first architecture
72% of AUM redeemable within 7 days, with a 22% stablecoin allocation for operational flexibility.
- Liquidity ladder: 22% same-day, 50% within 3 days, 72% within 7 days, 100% within 30 days
- No position may represent more than 8% of an asset's average daily volume
- Stablecoin buffer maintained at a minimum of 5% of AUM at all times
04
Multi-custody diversification
Assets distributed across three qualified custodians with a maximum of 10% AUM per counterparty.
- No single custodian holds more than 62.5% of digital assets
- MPC (multi-party computation) key signing across geographically distributed holders
- Insurance covers 100% of assets held in institutional custody
02 Regulatory Compliance
Licensed across 4 jurisdictions.
Poland
UKNF — Virtual Asset Service Provider
Lithuania
FNTT — Cryptocurrency Exchange & Custody Licence
Canada
FINTRAC — Money Services Business Registration
- FATF-aligned KYC/AML with Travel Rule adoption
- SOC 2 Type II certified architecture
- 2025 audit — no exceptions noted
- GDPR-compliant data handling
03 Custody
Institutional custody.
Custody distribution
Coinbase Custody
62.5%
United States — SOC 2 Type II, NYDFS regulated
Copper
25%
United Kingdom — FCA registered, MPC custody
Matrixport
12.5%
Singapore — MAS licensed, institutional-grade
Key safeguards
- No single custodian holds more than 62.5% of AUM
- MPC 2-of-3 key signing — no single point of failure
- All custodians maintain 100% proof of reserves
- Insurance covers full digital asset holdings in custody
- Max leverage
- 1.3×
- Counterparty cap
- 10%
- Auto-cut level
- −1.5%